Inquiry into Muskrat Falls megaproject ‘boondoggle’ to begin in Labrador
ST. JOHN’S, N.L. — It has been called a “boondoggle” — by the man in charge.
The Muskrat Falls hydro megaproject, a massive dam and powerhouse harnessing the lower Churchill River near Happy Valley-Goose Bay in Labrador, is not even yet complete.
But a public inquiry begins Monday on how its cost has already doubled to more than $12.7-billion — with the bill handed to a province of just 530,000 people, or fewer than the city of Brampton, Ont.
“Muskrat Falls in a small province with very little money is enormous,” said David Vardy, an economist and former chair of the Public Utilities Board who will testify at the hearings.